NUITEQ is a Finalist for the 2011 Red Herring 100 Global Award

NUITEQ is a Finalist for the 2011 Red Herring 100 Global Award

Skellefteå, Sweden, - 21 November – NUITEQ announced that it has been selected as a candidate for Red Herring's 2011 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far reaching private technology companies and entrepreneurs from across the globe.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

"We are excited that we are once again selected as a finalist for this prestigious award. Its a great testimonial for the hard work our clients, partners and team are delivering to push the interactive multi-touch industry forward.", says NUITEQ's CEO Harry van der Veen. "Our multi-touch software product Snowflake Suite has been leading the interactive multi-touch industry for years and this award is a legit acknowledgement that our product is valuable."

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments.“ Stated Alex Vieux, Chairman of Red Herring. “2011 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. NUITEQ has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2011 Top 100 Global Award."

The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, December 5-7, 2011. The Top 100 winners will be announced at a special awards ceremony on December 7 at the event.